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Translucent

SaaS platform for multi-entity accounting consolidation

Overview

Translucent offers a modular SaaS platform that helps finance teams manage multi-entity accounting. It connects to Xero, QuickBooks Online, and Sage via API to pull data into a centralized data warehouse, where information is harmonized for consolidated reporting and workflows. The product suite includes Group Reporting, Intercompany, Treasury, and Financial Close, with optional extra tracking dimensions for deeper data segmentation. Revenue comes from subscription-based access to individual modules or the full suite; the company targets multi-entity businesses that need consolidated financials beyond single-entity tools, aiming to simplify multi-entity finance operations and streamline intercompany, treasury, and month-end processes.

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About Translucent

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Industries

Data & AnalyticsEnterprise SoftwareFintech

Company Size

11-50

Company Stage

Seed

Total Funding

$10.2M

Headquarters

London, United Kingdom

Founded

2022

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Funding

Total Funding

$10.2M

Above

Industry Average

Funded Over

2 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
$2.3M
$3M
$6.6M

Benefits

  • Hybrid Work Options
  • Company Equity

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-10%

2 year growth

5%
Endpoints News
Aug 7th, 2025
Translucent raises $7M for AI finance

Translucent, a startup focused on using AI to help healthcare organizations analyze their financial performance, has secured $7M in seed funding.

Tech Funding News
Aug 23rd, 2023
This London fintech startup just got £5M seed from Wise and Candy Crush backer to unshackle multinational accounting — TFN

London-based Translucent, the brainchild of Michael Wood (co-founder of Dext) has just secured a seed funding of £5M.

EU-Startups
Aug 23rd, 2023
London-based Translucent Raises €5.9 million to unify accounting data for multi-entity business | EU-Startups

Translucent, an accounting platform solving the financial management problems of multi-entity and multi-national businesses, has raised a €5.9 million

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